Research on Innovative Mechanism for Open Agricultural Investment (ADB-50005-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 5, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of the People’s Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 2, 2020

Disclosed by Bank Oct 5, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

To understand the potential benefits and challenges of agriculture open investment and innovative partnerships, this policy and advisory technical assistance (TA) will review opportunities to increase investment in the agriculture sector through innovative partnerships in the People's Republic of China (PRC) and propose sound policy recommendations on how to improve agricultural investment and growth through innovative investment and partnership mechanism. The TA will also prepare a roadmap to guide and describe the steps to be taken to prepare for and implement open investment and promote innovative partnerships in the agriculture sector, as well as identify potential initiatives suitable for investment projects. Aside from the Ministry of Agriculture, the targeted policy audiences of the TA may include the planning and sector regulation agencies such as the National Development and Reform Commission and the Ministry of Commerce.

There is a need for the agriculture sector to explore new partnerships, including opportunities for PPPs, and how they can best be utilized to meet the need to stimulate the growth of and investment in the sector. Opening up investment and promoting innovative partnerships in agriculture would potentially help modernize the agriculture sector and deliver multiple benefits that can contribute towards sustainable agricultural development that is inclusive of smallholder farmers. The four common agriculture project types include: (i) partnerships that aim to develop agriculture value chains; (ii) partnerships for joint agricultural research, innovation, and technology transfer; (iii) partnerships for building and upgrading market infrastructure; and (iv) partnerships for the de

CONSULTING SERVICES
The proposed TA will engage a team of consultants consisting of one international consultant (3 person-months) and five national consultants (24 person-months) with expertise in agricultural economics, policy, agribusiness and value chains, investment and finance, and institutional and planning. The consultants will be engaged in accordance with ADB's Guidelines on the Use of Consultants (2013, as amended from time to time), using the quality- and cost-based selection method with a quality-cost ratio of 80:20 by inviting biodata technical proposal.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main

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